AUGUSTUS MINERALS IDENTIFIES 18 NEW GOLD TARGETS AT MUSIC WELL

AI and Machine Learning Enhance Exploration Potential

Augustus Minerals (ASX:AUG) has announced the identification of 18 new gold targets at its Music Well Project, following the application of artificial intelligence (AI) and machine learning (ML) technology. The AI-driven study, conducted by SensOre, has highlighted areas with minimal outcrop or under cover, integrating geological, geochemical, and geophysical data to enhance gold discovery predictions.

Key results from the study include:

Target 1, the highest-priority anomaly, is located in the central north of the project, featuring a strike length of 8km.
Target 1 trends NNW, intersected by several WNW-trending cross structures.
Target 2, situated 4km east of Northern Star’s Wonder Deeps mine, is adjacent to a parallel WNW-trending structure hosting Vault Minerals’ Great Western mine.
Target 2 measures 1.4km in strike and 800m in width.
No historic drilling has been recorded at any of these target areas, underscoring the underexplored nature of the project.

Geological mapping and sampling over these targets are scheduled to commence in the coming weeks. Additionally, results from the January rock chip sampling program are expected shortly.

Andrew Ford, GM Exploration, commented:

The work by SensOre has focussed our attention from areas of outcrop, toward regional targets which are obscured in many cases by thin cover and sheetwash. By applying groundbreaking technologies such as artificial intelligence has enabled the rapid prioritization of multiple targets. The definition of targets reflecting a specific geophysical and geochemical response which also focuses on key mineralised structural trends provides encouragement as to the robust nature of the targeting process.